- EBIT margin % between 6.1% and 6.5%, which is higher than the minimum 5.5% that has been stated numerous times. Hopefully by end of FY14 get to the long term target of 7% EDIT margin
- order book still very healthy at $2.3BN
- new acquisition is being bedded down as planned
- >$10M sustainable savings look to be achieved
- all other metrics (i.e. safety) are positive
- many near and medium term opportunities for more work
- strategy very sound
Company is on a very good track now.
CLO Price at posting:
$1.18 Sentiment: LT Buy Disclosure: Held